Form 4: Bausch Health Director Amy Wechsler Acquires Shares in Lieu of Cash Compensation
SEC Form 4
Director Amy Wechsler acquired 842 common shares of Bausch Health Companies Inc. on September 30, 2024, as compensation for board service.
Summary
- On September 30, 2024, Amy Wechsler, a director of Bausch Health Companies Inc., acquired 842 common shares of the company.
- The shares were received in lieu of cash compensation for her service on the Issuer's Board of Directors for the quarter ending September 30, 2024.
- The price per share was $8.16.
- Following the transaction, Wechsler directly owns 207,094 common shares.
- The transaction was reported on October 1, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director increasing their stake in the company is a mildly positive signal.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Director share acquisitions are common and can reflect alignment of interests between management and shareholders. This is a routine transaction related to director compensation.
Stakeholder Impact
- The acquisition of shares by a director can have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: Amy Wechsler acquired 842 common shares. |
| 09/30/2024 | End of quarter for which the shares were issued as compensation. |
| 10/01/2024 | Date of Form 4 filing. |
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